MONTREAL, Oct. 2, 2014 /CNW Telbec/ - Fiera Capital Corporation (TSX:
FSZ) ("Fiera Capital" or "the Firm"), a leading Canadian investment
management firm, is pleased to announce the addition of two new funds
to its existing product offering: the Fiera Capital Defensive U.S.
Equity Fund and the Fiera Capital Defensive Global Equity Fund
(collectively, the "Defensive Funds").
"Given the outstanding success of Fiera Capital's traditional U.S. and
global equity mutual funds, we are thrilled to add these new versions
which include an overlay strategy designed to capture the benefits of
equity-like returns, while focusing on capital preservation," said
Sylvain Roy, Chief Investment Officer and Executive Vice President,
Alternative Strategies at Fiera Capital.
Aim to Enhance Returns While Reducing Overall Risk
Available to all types of investors, the Defensive Funds aim to provide
long-term capital appreciation by investing primarily in US and Global
equity securities through the existing Fiera Capital U.S. and Global
Equity Funds. The Defensive Funds then employ risk and portfolio
management techniques to reduce equity exposure with the goal of
ensuring that downside risks are limited. Such techniques include
purchasing put options to limit downside risk, writing call options to
enhance long-term returns and reduce hedging costs, risk exposure
targeting, and currency hedges, as well as implementing stop loss
limits to reduce equity exposure.
"In the context of high price-to-earnings ratios and with volatility at
historical lows, the Defensive Funds represent a timely and attractive
opportunity for investors seeking downside protection while being fully
invested throughout the equity market cycles. Complementary to our
traditional equity portfolios, these new strategies also bring
additional depth to Fiera Capital's overall offering," added Mr. Roy.
The simplified prospectus and other disclosure documents relating to the
Defensive Funds are available upon request by contacting your
representative; or by contacting Fiera Capital Corporation at 416
360-4826, toll free at 1 800 265-1888, at retailmarkets@fieracapital.com, or you may visit our website at www.fieracapital.com. A copy of the simplified prospectus can also be found on SEDAR at www.sedar.com.
About Fiera Capital Corporation
Fiera Capital is a leading publicly-traded, independent investment
management firm. The Firm is one of only a handful of full service,
multi-product investment firms in Canada, offering clients a proven top
tier track record in equity and fixed income management as well as
depth and expertise in asset allocation and non-traditional
investments.
Forward-Looking Statements
This document may contain certain forward-looking statements. These
statements relate to future events or future performance, and reflect
management's expectations or beliefs regarding future events, including
business and economic conditions and Fiera Capital's growth, results of
operations, performance and business prospects and opportunities. Such
forward-looking statements reflect management's current beliefs and are
based on information currently available to management. In some cases,
forward-looking statements can be identified by terminology such as
"may", "will", "should", "expect", "plan", "anticipate", "believe",
"estimate", "predict", "potential", "continue", "target", "intend" or
the negative of these terms, or other comparable terminology.
By their very nature, forward-looking statements involve inherent risks
and uncertainties, both general and specific, and a number of factors
could cause actual events or results to differ materially from the
results discussed in the forward-looking statements. In evaluating
these statements, readers should specifically consider various factors
that may cause actual results to differ materially from any
forward-looking statement.
These factors include, but are not limited to, market and general
economic conditions, the nature of the financial services industry, and
the risks and uncertainties detailed from time to time in Fiera
Capital's interim and annual consolidated financial statements, and its
Annual Report and Annual Information Form filed on www.sedar.com. These forward-looking statements are made as of the date of this
document, and Fiera Capital assumes no obligation to update or revise
them to reflect new events or circumstances.
SOURCE Fiera Capital Corporation
PDF available at: http://stream1.newswire.ca/media/2014/10/02/20141002_C7019_DOC_EN_42938.pdf
PDF available at: http://stream1.newswire.ca/media/2014/10/02/20141002_C7019_DOC_EN_42939.pdf
Additional information relating to the Company, including the Company's annual information form, is on SEDAR at www.sedar.com.